Ultimate Software Named Finalist in Best Product of the Year Category

Ultimate Software Named Finalist in Best Product of the Year Category by the American Business AwardsSM

WESTON, Fla.--(BUSINESS WIRE)-- Ultimate Software (Nasdaq:ULTI), a leading provider of end-to-end strategic human resources, payroll, and talent management solutions, announced today that it has been chosen as a finalist in the category of Best New Computer Software Product or Service of the Year for the 2009 American Business Awards. Specifically, Ultimate’s Software-as-a-Service (SaaS) solution-set was selected as a top contender in the Best SaaS Solution category.

Currently in its seventh year, the American Business Awards (ABA) competition is the nation’s premier business awards program. All organizations operating in the United States are eligible to submit entries to ABA—public and private, for-profit and non-profit, large and small. More than 2,600 entries were submitted this year in more than 40 categories. In previous years, Ultimate Software was recognized as a winner in the categories of Best Customer Support Organization, Best Development Team, and Best IT Team.

“We are honored that our UltiPro® payroll, human resources, and talent management suite has been recognized for its excellence in the Software-as-a-Service industry by the American Business Awards,” said Scott Scherr, president, founder, and CEO of Ultimate Software. “The secret of our success continues to be our employees. Their commitment to developing the industry’s best solutions and delivering the highest quality customer service has given us a very happy customer base.”

Stevie Award winners will be announced during the annual gala on Monday, June 22 at the Marriott Marquis Hotel in New York City. More than 600 executives from across the country are expected to attend. The ceremonies will be broadcast nationwide by the Business TalkRadio Network and hosted by Cheryl Casone of Fox Business Network.

“Despite very tough economic conditions, many organizations and individuals continue to perform well,” said Michael Gallagher, founder and president of The Stevie Awards. “The results of the 2009 ABAs thus far are a testament to the resilience, creativity, and hard work of American organizations, executives, and workers.”

Members of the Awards’ Board of Distinguished Judges & Advisors and their staffs will select Stevie Award winners from among finalists in final judging that will continue through June 3. Finalists were chosen by business professionals nationwide during preliminary judging in April through early May.

About the Stevie Awards

Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more at www.stevieawards.com.

About Ultimate Software

A leading provider of end-to-end strategic human resources, payroll, and talent management solutions, Ultimate markets its award-winning UltiPro products as on-demand services through Software-as-a-Service (SaaS) and as on-premise software. Based in Weston, FL, the Company employs more than 900 professionals who are focused on developing the highest quality products and services. In 2008, Ultimate was the first HR/payroll SaaS provider to be audited and awarded the ISO/IEC 27001:2005 Certification for security management, was named the #1 “Best Product Development Team” in the nation by the American Business Awards, and was ranked the #1 best medium-size company to work for in America by the Great Place to Work® Institute. Ultimate has more than 1,700 customers representing diverse industries, including such organizations as The Container Store, Elizabeth Arden, Major League Baseball, The New York Yankees Baseball Team, Nintendo of America, Ruth’s Chris Steak House, and Sony Music Entertainment. More information on Ultimate’s products and services can be found at www.ultimatesoftware.com.

UltiPro and Intersourcing are registered trademarks of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners.


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